properties

China Focus

China seeks to stabilise property market with loans, lower rates

“Lower mortgage rates could help sales stabilize, especially at a time when household expectations are so weak.”
OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil - THE EDGE SINGAPORE

Property

OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil

The properties have a freehold tenure and comprise a pair of adjoining two-storey conservation shophouses.
Elite Commercial REIT's 1Q21 in line with expectations: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Elite Commercial REIT's 1Q21 in line with expectations: CGS-CIMB

The REIT's 1QFY21 DPU of 1.22 pence represents 25% of CGS-CIMB's full-year estimate.
Ascott achieves record high signings of over 5,600 units in China despite Covid-19 - THE EDGE SINGAPORE

Property

Ascott achieves record high signings of over 5,600 units in China despite Covid-19

Globally, Ascott secured new contracts for over 3,700 units including its foray into Austria and expansion in Indonesia.

TT International's Big Box assets put under receivership, operations 'continue unaffected'

SINGAPORE (Sept 29): Shares in consumer electronics retailer TT International have been suspended since Aug 4 as the beleaguered company sought to refinance loans and other financial obligations linked to its 51% owned subsidiary, Big Box Pte Ltd (BBPL).

Broker's Calls

This stock is emerging from under the radar to gain traction in FY18

SINGAPORE (Aug 15): UOB KayHian is highlighting Stamford Tyres as a stock that’s “poised to reap the benefits of a lengthy exercise to streamline operations”, and believes investors can look forward to rewarded in tandem with the success of the comp

State of the City

Millennials do invest, even if they spend more money on discretionary items

This article appears in Issue 784 (June 19) of The Edge Singapore

Results

Mapletree Investments full-year earnings hit record high of $1.4 bil

SINGAPORE (May 31): Mapletree Investments announced record earnings of $1.4 billion for FY16/17, up 46.5% compared FY14/15.

Broker's Calls

EC World REIT set to deliver in hot growth sector

SINGAPORE (Nov 3): The recent buzz around logistics property companies has brought EC World REIT to NRA Capital’s attention. The REIT mainly invests in e-commerce, supply chain management and logistics properties in China.
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